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ME
Maine Agricultural Marketing Loan Fund (AMLF)
The AMLF provides direct loans of up to $250,000 to Maine agricultural and aquaculture enterprises to enhance viability and marketability. Interest rate is the lower of the federal prime rate or 5%.
About this program
Visit the program website for full details.
Eligibility
Maine agricultural and aquaculture enterprises. Projects must enhance farm viability, improve manufacturing or marketability, or support production improvements. Farms with Farms for the Future Phase I grants may access a 2% rate.
Requirements
- Business must be a Maine agricultural or aquaculture enterprise
- Project must enhance farm viability, marketing, or production
- Maximum loan of $250,000